Welfare analysis and bootstrapping
This paper examines the effects of the entry and the 1992 CAP reform on maize producers' welfare and on economic efficiency. This welfare analysis used a bootstrap resampling technique that provided standard errors and confidence intervals for the estimates. These empirical analysis has shown that the price-policy induced changes in farmers' economic welfare were significant at commonly used levels of statistical significance.
Year of publication: |
2003
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Authors: | Katranidis, Stelios ; Kordas, Gregory ; Velentzas, Kostas |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 10.2003, 6, p. 335-338
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Publisher: |
Taylor & Francis Journals |
Saved in:
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